By Chibuike Oguh, Yadarisa Shabong and Ankur Banerjee NEW YORK (Reuters) - The U.S. dollar weakened against the Japanese yen and the Swiss franc on Monday as markets grappled with trade tensions over tariffs and a probable U.

The Japanese yen and Swiss franc rose against the dollar as investors turned to safe-haven assets amid U.S. economic concerns. Trade tensions and revised U.S. inflation data contributed to currency fluctuations,

The Japanese yen surged to a five-month high on Tuesday as investors sought safety amid growing concerns over a U.S. economic slowdown driven by tariffs. The yen peaked at 146.625 per dollar before settling at 146.

The Japanese yen and Swiss franc strengthened against the dollar on Monday, as traders flocked to safe haven currencies due to lingering worries over tariffs and a U.S. economic slowdown, while the euro steadied after a strong run last week.